Borrowings and Credit Arrangements (Tables)

12 Months Ended

Sep. 24, 2016

The Company’s borrowings consisted of the following:



	September 24, 2016		September 26, 2015
Current debt obligations, net of debt discount and issuance costs:
Term Loan	$	83.8	$	74.4
Revolver	—		175.0
Securitization Program	200.0		—
Convertible Notes	12.2		141.8
Total current debt obligations	296.0		391.2
Long-term debt obligations, net of debt discount and issuance costs:
Term Loan	1,308.2		1,388.3
2022 Senior Notes	977.7		973.9
Convertible Notes	763.5		858.8
Total long-term debt obligations	3,049.4		3,221.0
Total debt obligations	$	3,345.4	$	3,612.2

Schedule Of Long Term Debt By Maturity Table [Text Block]

The debt maturity schedule for the Company’s obligations as of September 24, 2016 is as follows:



	2017		2018		2019		2020		2021		2022 and Thereafter		Total
Term Loan	$	84.4	$	121.9	$	150.0	$	1,050.0	$	—	$	—	$	1,406.3
Securitization Program	200.0		—		—		—		—		—		200.0
2022 Senior Notes	—		—		—		—		—		1,000.0		1,000.0
Convertible Notes (1)	12.3		790.4		—		—		—		—		802.7
	$	296.7	$	912.3	$	150.0	$	1,050.0	$	—	$	1,000.0	$	3,409.0


(1)	Classified based on the earliest date of redemption for each respective issuance. In addition, the balance in fiscal 2018 reflects accretion on the 2013 Notes through September 24, 2016.

Schedule Of Convertible Notes And Related Equity Components Recorded In Capital In Excess Of Par Value Net Of Deferred Taxes Table [Text Block]

As of September 24, 2016 and September 26, 2015, the Convertible Notes and related equity components (recorded in additional paid-in-capital, net of deferred taxes) consisted of the following:



	2016			2015
2010 Notes principal amount	$	12.3		$	150.0
Unamortized discount and issuance costs (1)	(0.1		)	(8.2		)
Net carrying amount	$	12.2		$	141.8
Equity component, net of taxes	$	1.6		$	20.0
2012 Notes principal amount	$	363.4		$	500.0
Unamortized discount and issuance costs (1)	(9.5		)	(21.8		)
Net carrying amount	$	353.9		$	478.2
Equity component, net of taxes	$	35.8		$	49.2
2013 Notes principal amount	$	370.0		$	370.0
Principal accretion	57.1			40.5
Unamortized discount and issuance costs (1)	(17.5		)	(29.9		)
Net carrying amount	$	409.6		$	380.6
Equity component, net of taxes	$	131.5		$	131.5


(1)	In connection with the adoption of ASU 2015-03, debt issuance costs are presented as direct deduction from the debt liability consistent with the presentation of a debt discount.

Interest Expense under Convertible Notes

Interest expense under the Convertible Notes is as follows:



	Years Ended
	September 24, 2016		September 26, 2015		September 27, 2014
Amortization of debt discount	$	22.3	$	34.9	$	37.1
Amortization of deferred financing costs	1.1		1.7		1.9
Principal accretion	16.6		15.9		15.3
Non-cash interest expense	40.0		52.5		54.3
2.00% accrued interest (cash)	10.0		18.2		22.3
	$	50.0	$	70.7	$	76.6